Financing of a portfolio of three Chapter assets: Aldgate, Spitalfields & South Bank
Aareal Bank has refinanced a GBP 380 million senior loan for a portfolio of three prime student accommodation properties in Central London under the Chapter brand, a joint venture by Greystar and PIMCO Prime Real Estate. The properties, Chapter Spitalfields, South Bank, and Aldgate offer 1,747 beds in high-demand areas and provide premium amenities for students. Chapter Spitalfields, a 33-story landmark, is one of London’s most iconic student housing buildings. Greystar operates the portfolio, reinforcing Chapter’s reputation for high-end student accommodations across the UK.
Student Housing
Arranger, Lender & Security Agent
GBP 380,000,000
London, Great Britain
“We have been keenly expanding our PBSA loan portfolio and are delighted to continue on this trajectory with such prime assets in excellent locations, backed by very reputable and experienced sponsors.”
Benjamin Walter
Head of Alternative Living Properties at Aareal Bank